Mall Accident Lawsuit Loans Offer Plaintiffs Immediate Relief
Shopping mall accident lawsuit loans offer plaintiffs immediate financial relief to pay expenses while their cases are litigated. Injured plaintiffs can get instant cash in return for a portion of their settlement. The money can be used at their discretion and is not repaid unless the lawsuit is successful.
Mall Accidents Leave Visitors Injured
Every year, millions of visitors shop at shopping malls. Thousands are injured on the property both in the parking lots and indoors. Mall accidents peak in accordance with the increased visitors during winter months.
Accidents are “caused” by a variety of reasons. Some commons shopping mall accident causes include:
- Food and beverage spills
- Waxed or mopped floors
- Wet floors from leaks
- Uneven surfaces
- Walking obstructions
- Parking lot potholes or disrepair
- Defective sidewalks
- Torn or loose flooring, including carpeting
- Poor or improper lighting
Unfortunately, many people who are injured at shopping malls must endure severe and permanent injuries. Common shopping mall accident injuries might include:
- arm or leg fractures
- back sprains or strains
- disc injuries
- hand and wrist injuries and/or fractures
- head trauma
- and more . . .
Worse, many shopping mall accident victims include elderly patrons who are in a more vulnerable condition due to their age. Shopping mall accidents can be a life-threatening experience for these people.
Mall Accident Lawsuits Naturally Result
Mall accidents are often the result of negligence on behalf of the mall or store owners. Negligence is a legal term which describes who is at fault for a particular accident. A discussion of negligence determines if:
- A duty of care was owed to the injured party.
- The duty of care was breached from the actions/inaction of the business owner or mall owner.
- The breach was the cause of plaintiff’s injury.
Most injured mall visitors are business invitees of the mall and its tenants. Thus, the property and the store owners owe a duty of care to these individuals.
The only remaining issue is how the accident occurred and whether that accident resulted in the plaintiff’s injury. Generally, if the injury occurred outside of the control of the businesses, then there would be no breach of the duty to keep patrons safe. An example might be a shopper not paying attention and walking into a wall hurting himself in the process. As the accident was caused by the shopper’s inattention, the mall would not be liable.
Legal issues like these are resolved during litigation. The legal process can take many years to resolve as most mall accident lawsuits involve multiple parties. While the case drags on, injured victims may find it hard to make ends meet. Some actually are forced to accept low-ball settlement offers just to pay their bills. Mall accident lawsuit loans are one possible solution.
Mall Accident Lawsuit Loans
Mall accident lawsuit loans are financial transactions where a lawsuit loan company advances money to a plaintiff prior to settlement. This cash advance helps plaintiffs cover living or other expenses while the case is fought.
Although mall accident lawsuit loans are used for any reason, people typically use pre-settlement funding to pay:
- Mortgage payments
- Car payments
- Health insurance
- Medical treatment
The term “lawsuit loans” is somewhat of a misnomer since they are not technically loans in the traditional sense of the word. While a traditional loan implies repayment at some point in the future, lawsuit loans are only repaid if the case is successful. The main difference between a loan and lawsuit loan is that the latter is only paid at settlement.
In addition, since lawsuit loans are non-recourse, the settlement proceeds must be the source of repayment. In other words, the lawsuit funding company cannot pursue the plaintiff personally to get the money back. The lawsuit funding contract specifies repayment ONLY if the case is successful and ONLY from the settlement proceeds.
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How Does Mall Accident Lawsuit Funding Help?
Mall accident lawsuit loans help in a variety of ways. They help plaintiffs avoid having to settle for less than fair compensation simply because they are facing financial troubles. One of the best things about lawsuit funding is its creative ability. That is, the money can be used for any expenditure at all. This includes much needed medical treatment for surgeries or other procedures. When the money is used in this fashion, lawsuit loans can actually add to the settlement value of the case!
How Do I Qualify?
If you are a plaintiff in a shopping mall accident lawsuit and have an attorney representing you, you are eligible to apply for a shopping mall accident lawsuit loan from Fair Rate Funding free of charge.
Most of our applicants qualify for a lawsuit loan if:
- They have a valid claim.
- They are 18 years old or older.
- They have an attorney representing them.
- The attorney is hired on a contingency fee basis.
What is the Process?
The mall accident lawsuit loan process is easy.
- Apply with us over the phone or online.
- We speak with you about your case.
- We contact your attorney and compile some important documents.
- We speak to your attorney about the case.
- You sign the contract documents and return them to us.
- We fund you via overnight courier or electronic bank transfer.
To obtain a lawsuit loan in the quickest and easiest manner, call us at 888-964-2224 or complete our submission form. We will contact you immediately and begin the process. You can then relax and allow Fair Rate Funding to work for you.
We routinely provide lawsuit settlement funding for mall accident lawsuits within 24 hours of receiving the paperwork from your attorney.
Give us a call, you’ll be glad you did!